Alex Osola
👤 SpeakerAppearances Over Time
Podcast Appearances
Now, though, the stock market debut may be coming soon.
People familiar with the matter say CEO Elon Musk is racing towards an IPO in the next few months.
Journal reporter Cori Dreebush is here to tell us more about Musk's change of heart.
Cori, Musk has complained loudly and often about the challenges of running his existing public company, Tesla.
He's repeatedly tangled with regulators and courts over issues like his compensation, which is the kind of thing that is less of an issue when a company is private.
So what's pushing Musk to make SpaceX public?
Musk has told people that he wants to complete this IPO by July.
Are they in a rush to get this done?
Is there a sense yet of how investors could respond to a SpaceX IPO?
That was WSJ reporter Cori Dreebush.
Thanks, Cori.
Thanks so much for having me.
In markets, investors pushed up major U.S.
indexes after President Trump backed off tariffs on Europe yesterday.
The Nasdaq led the gains, adding 0.9 percent.
In earnings today, Intel swung to a loss in the fourth quarter and said there would be more losses in the first quarter.
The company is spending heavily to ramp up production of its latest chips.
The spices and seasonings maker McCormick is raising prices to offset tariffs and higher costs for commodities.
The company issued an outlook that disappointed Wall Street, and its stock closed down 8.1%.
And at Procter & Gamble, higher prices helped boost revenue in the latest quarter, offsetting a decline in sales volume.